Harvest Season Wrap-Up: Financial Reporting and Analysis for Wineries

Throughout harvest season, your focus is on your products. However, when it winds down, it is time to shift your focus from the vineyard to your financial books. The end of harvest is not just a moment to breathe a sigh of relief; it’s an opportunity to evaluate your winery’s performance, assess your financial health,…
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Protea Weekly – Episode 36 – Building Resilience

In this episode of Protea Weekly, Zane Stevens discusses the importance of building resilience in the face of challenges. He emphasizes the need to share knowledge, speak up when struggling, and embrace the rule of thirds in business. Zane provides tips for building resilience, including staying flexible, developing coping strategies, maintaining a support network, focusing…
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Benchmarking in the Wine Industry: A Path to Financial Health

Do winery owners know if their winery is actually performing well? Possibly not. There is a good chance they have a general sense of how their business is doing, but do they know how they are doing compared to their peers or the standard you would expect from a winery? Innovint’s recent outreach to its…
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Cost of Goods Sold (COGS) Analysis for Wineries: Harvest Edition

As a winery owner, understanding and managing your costs is crucial to maintaining profitability and ensuring long-term success. One of the most important financial metrics you need to master is the Cost of Goods Sold (COGS).  Especially during harvest season, when expenses can skyrocket, having a clear grasp of COGS can make a significant difference…
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Protea Weekly – Episode 34 – Speak up!

In this episode, Zane Stevens discusses the importance of speaking up when struggling and creating a supportive environment in the workplace. He emphasizes that speaking up is not a sign of weakness and encourages leaders to set the tone, actively listen, provide resources, have regular check-ins, encourage peer support, and normalize vulnerability. By creating a…
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